Cormark Has Optimistic Outlook of Lundin Mining Q2 Earnings

Lundin Mining Co. (OTCMKTS:LUNMF - Free Report) - Research analysts at Cormark raised their Q2 2025 EPS estimates for Lundin Mining in a report issued on Tuesday, May 27th. Cormark analyst S. Ioannou now forecasts that the basic materials company will post earnings of $0.19 per share for the quarter, up from their previous estimate of $0.14. The consensus estimate for Lundin Mining's current full-year earnings is $0.53 per share. Cormark also issued estimates for Lundin Mining's Q3 2025 earnings at $0.15 EPS, Q4 2025 earnings at $0.15 EPS and FY2026 earnings at $0.94 EPS.

Lundin Mining (OTCMKTS:LUNMF - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The basic materials company reported $0.11 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.11. Lundin Mining had a net margin of 6.63% and a return on equity of 5.02%. The company had revenue of $963.90 million during the quarter, compared to the consensus estimate of $914.31 million.

Other equities research analysts have also recently issued research reports about the stock. Scotiabank reiterated an "outperform" rating on shares of Lundin Mining in a report on Monday, May 5th. Desjardins upgraded shares of Lundin Mining to a "moderate buy" rating in a report on Thursday, April 3rd. The Goldman Sachs Group upgraded shares of Lundin Mining from a "buy" rating to a "strong-buy" rating in a report on Thursday, March 6th. TD Securities upgraded shares of Lundin Mining from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 15th. Finally, Stifel Canada upgraded shares of Lundin Mining to a "strong-buy" rating in a research note on Wednesday, March 19th. One research analyst has rated the stock with a hold rating, one has assigned a buy rating and four have issued a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Strong Buy".

Lundin Mining Stock Down 1.4%

Shares of OTCMKTS:LUNMF traded down $0.13 during trading on Thursday, reaching $9.41. 145,083 shares of the stock traded hands, compared to its average volume of 294,855. The stock has a 50-day moving average of $8.31 and a two-hundred day moving average of $8.66. Lundin Mining has a 52-week low of $6.30 and a 52-week high of $12.21. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.96 and a current ratio of 1.40. The stock has a market cap of $8.06 billion, a P/E ratio of 26.14, a price-to-earnings-growth ratio of 0.36 and a beta of 1.29.

Lundin Mining Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, April 9th. Stockholders of record on Monday, March 24th were issued a $0.0634 dividend. The ex-dividend date of this dividend was Friday, March 21st. This represents a dividend yield of 2.79%. Lundin Mining's dividend payout ratio (DPR) is presently -53.85%.

Lundin Mining Company Profile

Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, Brazil, the United States, Portugal, Sweden, and Argentina. It primarily produces copper, zinc, gold, nickel, and molybdenum, as well as lead, silver, and other metals.